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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2013
Business Combinations [Abstract]  
Schedule of Allocation of Acquisition Costs To Assets Acquired and Liabilities Assumed
The allocation of the acquisition costs to the assets acquired and liabilities assumed, based on their estimated fair values, is as follows:
 
(In thousands)
ERC
 
PPC
 
Matcon
 
Total
Accounts receivable
$
5,766

 
$
877

 
$
7,768

 
$
14,411

Inventory
4,224

 
932

 
604

 
5,760

Other current assets, net of cash acquired
981

 
252

 
1,880

 
3,113

Property, plant and equipment
2,738

 
1,936

 
5,695

 
10,369

Goodwill
8,499

 
13,941

 
27,947

 
50,387

Intangible assets
5,642

 
5,104

 
14,081

 
24,827

Other assets
1,509

 
13

 
53

 
1,575

Total assets acquired
29,359

 
23,055

 
58,028

 
110,442

Total liabilities assumed
(16,074
)
 
(2,465
)
 
(12,215
)
 
(30,754
)
Net assets acquired
$
13,285

 
$
20,590

 
$
45,813

 
$
79,688

The allocation of the acquisition costs to the assets acquired and liabilities assumed, based on their estimated fair values, is as follows:
(In thousands)
 
Accounts receivable
$
3,454

Inventory
4,524

Other current assets, net of cash acquired
131

Property, plant and equipment
1,357

Goodwill
17,994

Intangible assets
13,016

Total assets acquired
40,476

Total liabilities assumed
(5,939
)
Net assets acquired
$
34,537

(In thousands)
AT Films
 
Microfluidics
 
CVI MG
 
Total
Accounts receivable
$
947

 
$
1,760

 
$
23,978

 
$
26,685

Inventory
852

 
2,226

 
52,868

 
55,946

Other current assets, net of cash acquired
73

 
816

 
7,562

 
8,451

Property, plant and equipment
5,019

 
567

 
31,049

 
36,635

Goodwill
18,220

 
5,853

 
208,540

 
232,613

Intangible assets
11,435

 
9,717

 
115,777

 
136,929

Other assets
2,731

 
548

 
2,112

 
5,391

Total assets acquired
39,277

 
21,487

 
441,886

 
502,650

Total liabilities assumed
(4,766
)
 
(2,951
)
 
(48,572
)
 
(56,289
)
Net assets acquired
$
34,511

 
$
18,536

 
$
393,314

 
$
446,361

Acquired Intangible Assets and Weighted Average Amortization Periods
The acquired intangible assets and weighted average amortization periods are as follows:
(In thousands, except weighted average life)
Total
 
Weighted
Average
Life
Trade names
$
1,005

 
15
Non-compete agreements
224

 
3
Customer relationships
10,950

 
9
Unpatented technology
837

 
8
2013 acquired intangible assets
$
13,016

 
 
(In thousands, except weighted average life)
Total
 
Weighted
Average
Life
Patents
$
3,017

 
10
Trade names
4,168

 
15
Customer relationships
53,895

 
7
Non-compete agreements
793

 
2
Unpatented technology
28,048

 
6
2011 acquired intangible assets
$
89,921

 
 
The acquired intangible assets and weighted average amortization periods are as follows:
 
(In thousands, except weighted average life)
Total
 
Weighted
Average
Life
Trade names
$
8,973

 
15
Non-compete agreements
470

 
3
Customer relationships
11,343

 
6
Unpatented technology
4,041

 
8
2012 acquired intangible assets
$
24,827